News

JCT600 has acquired Bentley Newcastle from Inchcape in a £3m deal which brings its network up to 42 sites in the north of England.

Vertu Motors, the acquisitive group behind Bristol Street Motors, has purchased Blake Holding, the Chesterfield based Vauxhall and Peugeot group for £4.9m.

HR Owen edged back into the black last year as the prestige dealer group made significant progress hauling itself out of the red.   The group, ranked 33 in the Motor Trader Top 200, posted pre-tax profits of £2.3m for the year ending 31 December compared to a loss of £12.8m in 2005. Turnover from continuing operations reached around £246m ...

Inchcape has launched its own training scheme for staff as part of its focus to improve aftersales and customer service.

Vertu Motors has completed the acquisition of the Bristol Street Group creating the eleventh largest dealer group in the UK.   Vertu will grow further The highly acquisitive business, which only formed in December last year, has bought a placing of shares in Bristol Street worth £26.2m, giving it full control of the company. Vertu has made no secret of ...

Caffyns has been awarded a multi-million pound tax rebate from Her Majesty’s Revenue and Customs but may still have to pay it all back.   The southern-based dealer group, ranked 48 in the Motor Trader Top 200, has received just short of £3m. The amount received comprises the claim of £1.3m and interest of £1.6m. The refund came from a ...